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the s&p went up 28. the nasdaq surged 66. >>> taking a look at overseas trading this morning, in tokyo the nikkei shot up 191 points while in hong kong the hang seng skyrocketed 592. >>> well, stocks sizzled thursday thanks to action on european debt and upbeat job data here at home. markets roared after the european central bank announced a bond buying program without limit to cut the borrowing rates of the eurozone's most debt-strapped countries. the program finally answers long-standing calls for a concrete aggressive plan. the effect was meade. borrowing costs for spain and italy hit their lowest levels since spring. gold also jumped hitting six-month highs settling at $1,700 an ounce. traders were boosted by u.s. companies in august at the fastest clip in five months. service sector employment jumped higher than expected. >>> new weekly claims for job benefits fell to the low evidence level in a month. all of that was especially encouraging ahead of the key jobs report. the dow led by walt disney cl
the s&p went up 28. the nasdaq surged 66. >>> taking a look at overseas trading this morning, in tokyo the nikkei shot up 191 points while in hong kong the hang seng skyrocketed 592. >>> well, stocks sizzled thursday thanks to action on european debt and upbeat job data here at home. markets roared after the european central bank announced a bond buying program without limit to cut the borrowing rates of the eurozone's most debt-strapped countries. the program finally...
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the s&p was down a point, but the nasdaq gains 8. >>> taking a look at overseas trading this morning, in tokyo the nikkei sank 95 points while in hong kong the hang seng plunged 284. >>> well, tuesday started with down economic data and ended with apple riding to the rescue. august manufacturing fell for the third straight month and the sector hired the fewest workers since late 2009. in addition july construction spending fell the most in a year. ironically that data was partially welcomed by traders rooting for the fed to launch further stimulus to boost the recovery. income, gold hit a nearly six-month high on heightened stimulus expectations. >>> on the bright side, august car and truck sales were up 20% over a year ago. honda and toyota led the way compared with quakes from a year ago. general motors, ford, and chrysler each reported more than 10% increases. apple led a late rally after distributing invitations to a september 12 san francisco event, widely expected to be the release of the iphone 5. >>> netflix tumbled on amazon.com's licensing epics for prime instant video just
the s&p was down a point, but the nasdaq gains 8. >>> taking a look at overseas trading this morning, in tokyo the nikkei sank 95 points while in hong kong the hang seng plunged 284. >>> well, tuesday started with down economic data and ended with apple riding to the rescue. august manufacturing fell for the third straight month and the sector hired the fewest workers since late 2009. in addition july construction spending fell the most in a year. ironically that data was...
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the s&p gained 7. the nasdaq rose 18. looking at overseas trading in tokyo, the nikkei dropped 56 points. in hong kong, the hang seng added 76. >>> september is historically the worst month for stocks but there's reason to think this september may be different. friday ben bernanke gave his long-awaited jackson, wyoming, speech and hinted another round of economic stimulus to stimulate the recovery is on the way. the fed's next meeting will be on september 12th and 13th. given bernanke's clear signals, until then markets will be likely riding a wave of anticipation and optimism. this week, investors will also be looking ahead to another central bank meeting on thursday where it's expected the ecb may announce its own stimulus plan, buying spanish and italian bonds helping take pressure off those indebted countries. >>> all eyes on august employment report out friday. economists expect about 120,000 jobs were added in august. >>> the "new york times" reports new york's attorney general is investigating tax strategies as som
the s&p gained 7. the nasdaq rose 18. looking at overseas trading in tokyo, the nikkei dropped 56 points. in hong kong, the hang seng added 76. >>> september is historically the worst month for stocks but there's reason to think this september may be different. friday ben bernanke gave his long-awaited jackson, wyoming, speech and hinted another round of economic stimulus to stimulate the recovery is on the way. the fed's next meeting will be on september 12th and 13th. given...
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the s&p added 7. the nasdaq gained 18. >>> taking a look at overseas trading this morning, in tokyo the nikkei lost 18 points while in hong kong the hang seng dropped 129. >>> on the heels of last friday's hints of more stimulus from fed chief ben bernanke they'll also be pondering stimulus from another central bank. optimism grew when the european central bank announced they will purchase a plan thursday after draghi told european lawmakers if the bank purchases sovereign bonds it would not breach. still not all euro news was good. moody's put the european union on notice. its aaa rating is at risk of downgrade due to the continent's ongoing debt crisis. nevertheless even after moody's downgraded it they held their ground after serious hopes to tackle the crisis is about to emerge. >>> elsewhere valiant pharmaceuticals agreed to buy medicis for $2.6 million. >>> british airways and iag are looking to buy american airlineses. they're already in talked with u.s. airways. >> cabin crews say they're stri
the s&p added 7. the nasdaq gained 18. >>> taking a look at overseas trading this morning, in tokyo the nikkei lost 18 points while in hong kong the hang seng dropped 129. >>> on the heels of last friday's hints of more stimulus from fed chief ben bernanke they'll also be pondering stimulus from another central bank. optimism grew when the european central bank announced they will purchase a plan thursday after draghi told european lawmakers if the bank purchases sovereign...
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09/12
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the s&p added 7. the nasdaq gained 18. >>> taking a look at overseas trading this morning, in tokyo the nikkei lost 18 points while in hong kong the hang seng dropped 129. >>> on the heels of last friday's hints of more stimulus from fed chief ben bernanke today traders will also be pondering stimulus from another central bank. optimism grew yesterday that the european central bank will announce a spanish and italian bond purchasing plan at its meeting next thursday after european president mario draghi told european lawmakers if the bank purchased sovereign bonds it would not breach the eurozone economies. still not all euro news was good. moody's put the european union on notice. its aaa rating is at risk of downgrade due to the continent's ongoing debt crisis. nevertheless even after moody's changed its outlook on the eve to negative the euro held its granges thanks to high hopes that the region's tackling the debt crisis is about to emerge. >>> elsewhere valiant pharmaceuticals agreed to buy medic
the s&p added 7. the nasdaq gained 18. >>> taking a look at overseas trading this morning, in tokyo the nikkei lost 18 points while in hong kong the hang seng dropped 129. >>> on the heels of last friday's hints of more stimulus from fed chief ben bernanke today traders will also be pondering stimulus from another central bank. optimism grew yesterday that the european central bank will announce a spanish and italian bond purchasing plan at its meeting next thursday after...
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Sep 6, 2012
09/12
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the s&p was down a point. the nasdaq lost 5. >>> taking a look at overseas trading this morning, in tokyo the nikkei was up a fraction while in hong kong the hang seng gained 64. >>> ahead of today's crucial european central bank meeting, investors held off on any big moves wednesday. expectation european policymakers will introduce a bond-buying plan to bring down crippling borrowing costs in hard-hit eurozone economies may have boosted optimism, but still wasn't enough to get anyone to buy stocks. the euro traded just off its two-month high against the dollar in anticipation of the ecb plan. >>> stocks opened lower with both fedex and ups falling after fedex cut its quarterly profit outlook late tuesday due to global weakness. nokia and microsoft unveiled their most powerful smartphone yet wednesday, but the new lumia failed to impress traders. nokia tumbled 16%. >>> moving to soothe nervous investors, facebook rebounded almost 5% off an all-time low after the company promised not to sell stock to cover a ne
the s&p was down a point. the nasdaq lost 5. >>> taking a look at overseas trading this morning, in tokyo the nikkei was up a fraction while in hong kong the hang seng gained 64. >>> ahead of today's crucial european central bank meeting, investors held off on any big moves wednesday. expectation european policymakers will introduce a bond-buying plan to bring down crippling borrowing costs in hard-hit eurozone economies may have boosted optimism, but still wasn't enough...